Google to acquire YouTube for $1.65 billion in stockSomeone should pay me for this stuff.
Combination will create new opportunities for users and content owners everywhere
MOUNTAIN VIEW, Calif., October 9, 2006 - Google Inc. (NASDAQ: GOOG) announced today that it has agreed to acquire YouTube, the consumer media company for people to watch and share original videos through a Web experience, for $1.65 billion in a stock-for-stock transaction.
/rizzn
Quote of the Entry:
I have come to believe that the whole world is an enigma, a harmless enigma that is made terrible by our own mad attempt to interpret it as though it had an underlying truth.
- Umberto Eco
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